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pregnancy by saying, they should just say no. and rita tweet this had, laughable. uk and others are baffled by nra insistence guns are good. you've lost your tag land of the free. and tammie says i thought about this the other day. if you know i'm armed you are less likely to attack me. and willie it's crazy how does it look to our kids? guns in school is demoralizing and weak. >>> people from across the globe, reaching out to those in newtown, offering prayers and support. cnn's lisa sylvester has a look. >> it's a perfect b. >> reporter: 4-year-old katelyn takes her time. she is writing a letter. >> dear parents, i know that you are upset. >> reporter: a letter to the parents of the children killed in the newtown shooting. she and her mother live in maryland. they have never been to newtown. in fact, they've never been to the state of connecticut. but they wanted to show the town that they care. >> we're writing letters just to let them know that our hearts are with them, they're in our prayers. >> because i want to make them cheer up. >> right away, we started seeing mail volume coming i
. >> a final resting place is here. her husband brought her body from the u.k. and expected it redid inspected earlier. the service is -- inspected it earlier. the service is held privately. most families have a loved one living or working abroad. this is a tragedy that has struck home. they wonder what caused her death. there is anger and anguish and many unanswered questions. shirva, southern india. >> we are turning now to newtown connecticut. most affected is the parents, brothers and sisters of those shot dead. it had a ripple of flex -- ripple effects throughout this town. he grew up there and realizes his community will never be through this town. like i'm so proud of where and how i could up and all the activities. if kept everyone so united. -- it kept everyone so united. we would speak in here and eat a ton ton of candy. i wanted to bring my wife here. everything is clearly around the schools and kids. that is the hard thing. the experience of growing up is what newtown is essentially all about. the joke around town is that they are great officers but we say they're just babysitters.
, the u.k., and the u.s. >> make no mistake. for u.b.s. traders, the manipulation of libor is about getting rich. as one broker told a derivatives trader, you are getting bloody good at this game. think of me when you are on your yacht in monaco, won't you? >> it is a 1 billion pound fine too much or too little or about right? >> it is not about the fine. what we have got to see is criminal sanctions. the money is tax deductible. certainly the government is amending to make sure if the money goes to good causes and not back to the regulator, but it has to be about sanctions. >> it was so systematic it is now impossible to have confidence in any of the main libor prices over the next few years. libor rates underpinned trillions of dollars, and as they start to sue, they will be looking for a huge damages that could turn out to be a multiple, even of the huge bank finance. more than a dozen big banks are being investigated for rate rating. earlier this year barclays was hit with one for 90 million pounds in fines and penalties. -- 190 million pounds in fines and penalties. vice we had
. >> what would happen at 11:11 this morning uk time when the cycle was due to end? with the world and as well? no was the answer. live television coverage of the mayan heartland in mexico continued uninterrupted except for a poorly timed phone call. if they were disappointed by the anticlimax in this french town, it did not show. the local mountain was supposed to be a safe haven as the world ended with aliens poised to with the believers to safety. the aliens never turned up -- at least not the real ones. >> it is not the end of the world, but that does bring to this program to a close. for the next week and a half, you will continue to get all the day's news from our colleagues in london, and we will be back on january 2. until then, have a wonderful holiday season. we will see you in 2013. >> make sense of international news. bbc.com/news. >> funding for this presentation is made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu newman's own foundation and union bank. >> at union bank, our relationship managers work hard to understand the industry
in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific. >> hello again. top stories on al jazeera, at least 30 people have been killed in southeastern kenya. the deaths in the delta region have been blamed on fighting between the orma and pokomo tribes. the first round of the draft for the egyptian constitution is planned for friday. u.s. president barack obama says he will work with congress to avert spending cuts and tax hikes in the new year. where republicans budget bill to avert the -- a republican budget bill to avert hit the fiscal cliff was killed in the house. 20 people have been killed in flash floods and landslides in sri lanka. 14 people are missing. tens of thousands of people have been affected.
temporary contracts. they chopped down. we haven't seen that in the u.k. where the unemployment really hasn't reason as a result of such a deep downturn. >> is that the key factor siven given that we have had unrest in the past in bad economic times? do you think this time it's the unemployment figures that have made the difference? >> it clearly made a big difference because it shared the burden where whole industries would be wiped out or close to wiped out like the coal and steel industries in the 1980's. there there was a focus for decent, a focus for protest. now it's more widely spread. someone in their street has lost their job. maybe a small closure but nothing like the massive closures we witnessed in the early 1980's. if things don't get better very slowly does that start to put a strain on democracy? is that why we've seen a rice in some of these extremist parties in europe? >> you have to be careful associating them directly with recession. the french national front was as strong and appeared in austerity when jacques chirac the leader of the nacional he was second in the french
it now. uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at many levels. they're able to see a little bit more context than some of the fire breathing -- for lack of a better term. it will be interesting. it is not that much smaller of the freshman class, and there are fewer republicans, but they seem to be oriented toward public policy and any number of ways. >> is indicating he would support speaker boehner for the 130th congress. are they going to get along in this group -- 113th congress? are they going to get along in this group? >> there were a lot of problems during the debt negotiations. democrats had to step up and vote for the proposal to give it to pass. that is a fair question for this freshman class. are they going to support speaker boehner, or are they not?
, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger problems, much bigger problems in terms of the demographic in terms of the structural hold back. so there are a lot of sectors at play now. i think one of the names that the boj has is whether this will work or not. but if were looking at it more from a yen perspective, certainly two things are going to drive the yen are going to be the relative price of the boj balance sheets with respect to, perhaps, the fed and the ecb and the other being the jgb. >> and briefly, in summary, what are your favorite strategic calls? >> the strategic calls for us are going to be buying the rupee against the yen. we are looking for the yen to depreciate further and keeping our fingers cross on some policy upside comin
together, a tight pressure gradient, up to 120 kilometers per hour especially along the west coast of the u.k. and towards ireland, that's continuing to push to the northeast. it's going to be raising up temperatures. we'll see rain in the scandanavian peninsula and the threat there is snow melt and avalanche. farther towards the south, things will be remaining on the dry side. you'll see temperatures near the freezing mark towards vienna. 2 degrees for the high. london and paris, as warm air pulls in, you're seeing above average temperatures. london and paris 11 and 13 on your saturday. madrid, up to 11 degrees. let's look over towards eastern asia into japan. starting to bring heavy rain showers, you've been seeing 50 to 80 millimeters and now the rain is ending and shifting over towards eastern japan, even into tokyo, you're seeing rain into western tokyo. on the other hand a mix of the white stuff in there. doesn't look like it will be accumulating too much in the downtown area. don't be surprised if you do so 'see a flurry or two of the white stuff throughout the overnight hours. behind
it to victory in the first gulf war has died. why a group aimams in the u.k. base eyeing women who marry out of their faith should be accepted. >> more lively showers coming in across parts of northern australia, particularly of course -- across the north and west. an area of clouds tumbling its way in there. a good deal whether -- wetter. is still very hot in perth, temperatures around 30 degrees celsius looking for high temperatures around 32 for brisbane. drying out toward the southeast. rain affecting new zealand the next couple of days -- further north we may see a tropical storm developing around the solomon islands which would bring increasingly what weather across the region. pretty wet across the good part of southern india and sri lanka, the northeast monsoon, one terrain's across a good part of sri lanka now struggling with widespread flooding. over 300,000 affected. north, largely dry. winter weather along afghanistan and northern pakistan and the far north of india, in the process of petering out. we have rain petering out across the arabian peninsula. in doha, lively downpours
. cairo, a high of 21. in the u.k., quite a bit of flooding as the system has pushed persons thursday. unfortunately, this is what it looks like on the ground. a lot of the areas here are flooded and the water levels are quite high. we have warnings in effect across the area. look at the forecast. as you can see, another system coming out of the atlantic so we will start with the lighter showers. by the target to tuesday, showers will increase. where the rest of europe, we're looking at an ice conditions. non-profite, pro-people. >> welcome back. the top stories are now the zeroth, wounded dr. 21 of his colleagues were found shot dead in a remote tribal region. the officers were kidnapped on thursday. hundreds of suny muslims -- sunni muslims protesting that they're getting targeted for arrest. they have been protesting for days. prayer is being held in india for a gang rape victim who died from her injuries. her body was cremated after being flown back from singapore. six men are being charged with her murder. let's get more now on the security situation in pakistan. they say it is u
on all but 17 days. >>> pakistan's president and his daughter make a surprise visit to the uk. they stopped at birmingham's queen elizabeth hospital to meet malala yousufzai. she's the 15-year-old girl shot by the taliban. she was shot at her home in pakistan after campaigning for girl's education. pakistan's president has added his signature to her petition. and hospital officials say that malala is doing quite well. >>> the rapper made famous by his gangnam style dance is apologizing. psy says hess sorry for making anti-american statements at a 2004 performance. the performer says the song lyrics were reactions to the war in iraq and the killing of two korean schoolgirls run over by a u.s. tank. he is scheduled to tape a christmas in washington special tomorrow. >>> a wrong turn leaves a california woman clinging for her life. she was on a routine hike through griffith park when she made one wrong turn. the trail slowly narrowed until the ground beneath her started to crumble. she clung to some vegetation on the trail to keep from falling
shocked. they have seen politicians come and go for 60 years. >> for some towns in the u.k., christmas is turning into a season of taking rather than giving. several police forces are reporting a rise in shoplifting. they might have been the kinds of things that could be given as gifts, but now it is groceries. chris has been to the north of england, an area that was hit hard by the economic downturn. >> with christmas days away, the streets are filled with shoppers. watch closely, you will see this woman with a bike and a basket. he leaves without going into the till. also of concern is the growing number of people who appear to be committing the crime because they're desperate. >> forcing it on a small number of individuals, including young mothers. >> if you look at powdered milk , the expense of things coming into the household. >> makes sense of international news at bbc.com/news. >> funding of this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers
game change. >> one question you had. why is it so hard for the u.s. to enact policies like in the u.k. that have reduced mass shootings? what actions can be taken? >> of households that have both guns and young children in them, more than 50% of the respondents say that the gun is stored, not locked up. >> reporter: another question. how can we convince gun enthuse arizonas that controls -- enthuseiasts that controls don't end the right to own guns. >> one fear is that greater restrictions are a step down the slippier slope towards completely banning handguns, but that option has now been taken off the political table by the supreme court. so gun enthusiasts shouldn't have anything to fear from universal background checks. >> reporter: another question you had. how do we get more guns into the hands of responsible people and more guns at school to prevent similar scenarios from happening? >> the argument goes criminals will be afraid of encountering an armed civilian. unfortunately the research doesn't bear that out. there isn't credible, responsible, persuasive evidence that arming c
.s. and u.k. regulators will unveil the first concrete steps to end the problem of large international banks. >>> on the deal front, aig announced it is selling the majority of its airplane leasing unit to a chinese noinvestor grp for $5.3 billion. our sister network, nbc sports, is teaming up with yahoo! to share content on air and on line. >>> "the new york times" reports that michael bloomberg is weighing a big for the financial times group. >>> and it looks like christmas came earl at the vatican. pope benedict, the proud owner of two shiny, new custom-made mercedes pope mobiles. and what else, mother of pearl white. snazzy. >>> what's with thieves these days? first dognappers steal puppies. then a guy in handcuffs escapes out back of a police cruiser and gets into the driver's seat and steals a police car. that's up next. >>> and some other stories making news across america for you this morning. we begin with a brazen car heist that looked like a scene from a movie. a texas police dash cam rolled as a handcuffed burglary suspect turned a police vehicle into his getaway car. the man eas
those getting >>> a new study out of the u.k. could change the way women everywhere are treated for breast cancer. british researchers have found taking the drug tamoxifen for a longer period of time could have big benefits. researchers suggest women taking tamoxifen for 10 years which is twice the current reel addition. they say patients what do are less likely to die from the disease and less likely to have the cancer come back. >> the benefits are particularly in the second tenure. that's very helpful for that group of women who have really been worrying until now. >> there are about 230,000 new cases of breast cancer each year. tamoxifen affects estrogen keeping breast cancer at bay butt carries side effects. doctors say the risk is low. >>> a gross alert on this one. a connecticut couple has a baby together and tonight they are in jail because it turns out they're father and daughter. george and tiffany are charged with third-degree sexual saw. police discovered tin crest when they got a complaint that the family was distributing home made porn. she says she didn't know say
in numbers. unitedhealthcare. >> it is time for what you need to know for next week. tracey burns. uk doing business via scipe -- skype. you can dedect a snivel over the computer. >> don't have to get out of your pajamas. john lay field what have you gompt >> julian said republicans are worthless. i think they are all worthless. who knows what is going to happen. inin sectorings. >> i am like john. this is aon making air conditioning equipment and i owned the stock over 20 years and small company and does well. >> aaon is the ticker. >> sometimes you have to
and one of our favorite rescue videos of the year at number eight. charlie is a paddle border in the uk, but this day out on the water was a little different for him, unusual. up ahead, do you see that rock that he's paddling over to? on that rock is a stranded puppy. >> and he's stuck because of the tide. >> oh! >> this one needs a rescue. >> he recognizes that this puppy is stranded on this rock, paddles over to him. >> no, no, he's scared and running away. >> look what he does when charlie finally tries to grab him. >> it's okay, it's okay, it's okay. here we go. here we go. here we go. no, no, no! >> he's so scared, he tries to jump in the water trying to get away from charlie, who's trying to help him. finally, he manages to calm him down by petting him and is able to calm him down enough where he can paddle back to shore. >> what are you doing out here? >> no way to know how he got there, but he was trapped on the rocks, so the rocks could have been covered in as quickly as ten minutes. for him to be all the way out there, he had to have been terrified. >> little dude, absolutely
is now topping the charts. in the uk. >> this is so, so incredibly sad. you know how many talented artists are out there trying to make it that are probably crying in their fishsticks right now. >> i don't care how good of a singer you are, he's got to have a hook. he's got a hook, a one-pound fish. >> what's amazing is a major record label would sign this guy. >> everybody who meets him thinks he's a lovely guy and that this couldn't happen to nicer guy. >> please don't touch me, i don't want to wake up. >> what i love about this whe >>if he's living the dream, i'm listening to a nightmare. i hope i never have it hear this song again. ♪ ♪ >> you're the biggest dork. ♪ >> beth, you're going to love this because this is something that we love to call porn for women. >> oh yeah. >> basically, men doing chores. >> sexy. >> do you see that? >> do you see that. >> snow is everywhere. he needs to take out the garbage. so he's only got his boots and his underwear and a ski cap on. he rolls the trash can out. has to hide behind it when a car comes by. then it gets stuck. >> he takes
. he ended up getting 204 hugs at the end. >> hug it out. >> hugs are easy. >>> in the uk there's a wonderful town night brighton. they put up their christmas lights. i want you to tell me if you notice anything peculiar about these lights. >> oh, no. >> you are kidding me. who did that. >> what's that look like to you, nick. >> looks like man parts. >> that's not the only thing they have done to the christmas lights. >> oh, no. apparently somebody is saying something about some of the commercialism about the holidays but they are not done. look at this angel and look at santa. >> oh, my goodness. >> oh, c't even show that one on tv. >> what the heck happened here. >> i hate my job. >> maybe this person's job should be a light designer. they are pretty good at that. >> maybe that's what this person does. >> whoever got the contract to do the decorations is a grinch. >> this is a prank. this was done by the pope which -- >> the pope. >> the poke. p-o-k-e. it's been edited. they do funny stuff with the lights. the council said we don't have anything to do with the lights. it's a j
.com and click on -- >> best of rtm. >> how can we forget the craze in the uk called milking? dumping entire gallons of milk over their heads? >> craze or downright stupidity, dumbest thing i ever saw. >> as to not be overshaded, students decided to do their own video called -- >> reminiscent of the original video they walk into a grocery store, they walk right past the milk because that's not what they're after. they go right over to the wine racks and pick up the port. >> which is an after dinner wine. >> yes. >> a dessert wine. >> dessert wine which is much more expensive than your average $8 cheap bottle of wine. >> and there they are. they're dumping it over their heads all over town. walking outside of a library, while riding bikes, fishing, while they're eating, at their school, on the campus, over pillars, blocking traffic. they wanted to do it a little more refined than the milking guys they went with port. >> they're wasting so much money. they're wasting good port. >> this is just dumb. this isn't going to catch on. >> of course not. it's ridiculous. >> nothing redeeming or funny
together. >> look at that picture. he really looked grinch-y. >> the man behind it. >> sucker. >> in the uk there's a wonderful town named brighton and they put up their christmas lights. i want you to tell me if you notice anything peculiar about these lights. >> oh, no. >> you are kidding me. who did that? >> what's that look like to you, nick? >> that looks like man parts. >> that's the only thing they have done to the christmas lights. >> oh, no. >> apparently somebody is saying something about some of the commercialism about the holidays. but they are not done. look at this angel and look at santa. >> oh, my goodness. >> oh, my god. >> can't even show that one on tv. >> what the heck happened here. >> isn't that weird? >> i hate my job. >> maybe this person's job should be a light designer because they are pretty good at that. >> maybe that's what this person does. >> that's who did it. whoever got the contract to do the decorations, grinch. >> prank. this was a prank. this was done by the pope. >> the pope? >> the poke, poke. what it is, it's been edited by the poke. they are this web
. it is set to be released in select theaters across our country and worldwide. you can go to chasingice.co.uk. >> wear a jacket because i feel you will feel cool watching this sucker. >> we watched and reporting the largest event ever caught on tape. >>> got a little update for you guys and looks like a bad guy has been busted. you remembers this story from white settlement, texas. 41-year-old darren dougs glass porter in custody in the back of the police car for believed to be involved in a burglary of a nearby store. we see porter come out of the back seat, he was able to roll the windows down. that was a malfunction. got his cuffs on, got his hands in front of him and stole the police cruiser. when i first told you this he was still at large. not any more. according to the white settlement police department, had they got a tip and they arrested 41-year-old darren douglas porter on wednesday at a business near ft. worth. the white settlement police department has gone throughnd checked all the windows in the back seats of all tir cruisersno not work. this won't happen again. >> i bet porter
by the inquiry? >> it couldn't really be worse if you're one of the tabloid papers in the uk. it's 2,000 pages long. the press behavior is described as outrageous. says that editors disregarded their own code of conduct. he does make a point there are other papers. the guardian mile home broke the story. if you're at the end of the british press in what we call the red top tabloids this is a pretty uncomfortable report. >> all 2,000 pages of it. wasn't it partial vindication because the findings were he didn't know about the phone hacking or know about any cover up? >> yeah. this is good in terms of his news core business. there's all kinds of bits of legislation that can get you into trouble over here if you're implicated in what might be a corrupt or illegal practice in the uk or any other territory. >> at the same time some of murdoch's former lieutenants are facing trouble. >> i think that's definitely true. i think nobody would dispute that. you have a number of senior editors awaiting trial. we've already had one journalist. his royal journalist when to jail for this in 2006. this is whe
per 100,000 people in the uk. and 4.4 murders per 100,000 people in the uk. you know why? gay marriage. >> that is something to think about. >> check the demographics. it is not as easy as you think. >> some has to do with divorce. >> if you compare the white population we have a lower crime rate than belgium. >> who goes to belgium? i think the lesson here is -- >> more guns less crime. >> more guns less crime. and they should be scared. i have some research here -- no i don't. no, no, no. in florida, blah, blah, blah, blah, blah, more people, blah, blah, blah, blah, guns save lives. >> because if the stats don't include the time you have a gun and it goes, you better get away from me, that doesn't make it click. >> you know what makes republicans more angry than democrats coming to get the guns? >> what? >> them not caring. most don'ts. obama is not coming for your gun. >> bob is not an elected official. >> yes he is. >> by the half hour point hoe -- he is not even awake. he gets his sugar high and he is done by the half hour. >> that's the most appalling thing i have heard. you watc
on the royal phone prank in the u.k. radio station has taken the two d.j.s off the air who called the hospital where princess kate was being treated. they duped nurses to thinking they were the queen and prince charles. the nurse who put through their call, her name was saldana found dead of apparent suicide on friday. though they have not released the cause of death. today we are hearing from the first time from the two d.j.s, mel and michael on the death. >> it was never meant to go that far. it was meant to be a silly prank that so many people have done before. this wasn't meant to happen. gone over this a million times in my head that i want to reach out to them and give them a big hug and say sorry. i hope they're okay. it really do. >> what is important right now is that the family and we hope they are doing okay and get the love and support that they deserve and need right now. personally, i'm -- >> dana: police in the u.k. contacted authorities in australia. could they face charges for this? kimberly, we talked in the break. we don't see what the charge could be. >> kimberly: it's too
is reacting here in newtown, connecticut. >> you mentioned the soccer players in the uk and we're getting response from the uk and all over the world. if there is one thing aside from political disagreements that the world can agree on is the innocence of our children, specifically, from david cameron, the british prime minister, you know, back in 1996, they suffered through a school shooting. his stamentd from ten downing. my thoughts are with the injured and those who have lost loved ones. it is heartbreaking to think of those who have had their children robbed from them at such a young age when they had so much life ahead of them. as we mentied that shooting in '96 and also in '96 a shooting in tasmania that ended with five people being killed. that statement after that we received from prime minister julie gillard. >> it is almost beyond comprehension, but that is what we have seen today. heartfelt sympathies go to those families who have lost a child. to those families who have lost a loved one. to those families who are now trying to counsel their young children that has been witnes
to sweeping gun control changes in the uk. those changes were fueled by petitions signed by 750,000 people. that petition was created by dr. mick whose daughter died. welcome, mr. north. this must have brought back particularly painful memories back to you? >> yes, it certainly did. when i heard the age of the victims and the place in which it happened, it was inevitable that all sorts of memories were going to come back and most of those were likely to be painful ones. >> you became a symbol for new gun control in britain. you were very forceful about it. you got this extraordinary petition going and led to an almost complete ban on handguns. the difference here, it seems to g ce aseefainin3 %pland everye . oe ari don't k you've been in their very position, dr. north. is there any advice that you can give them, any words of comfort from somebody who's, quite literally, lived through what they've gone through in. >> i think one of the main strengths that those of us who lost children in dunblane found was being brought together and when we were in our own company, we were able to talk abo
to the rest of the world, if you look at germany, uk, japan, france, all of whom have very strong gun regulations, we have more gun deaths in one week than they have in an entire year, and the incidents -- the number of times in which guns inside a home are used for self-defense are exceedingly small, on the order of maybe 1 in 15, 1 in 20 as compared to the number of times when a gun is used either for suicide or a homicide. anybody that looks at the data here is quite clear that on the whole, particularly things like assault weapons, create far, far more kor nage in th carnage in this country than they prevent. to a large extent the reason why i think progressives have not been able to mount an effective campaign for sensible gun laws, it's been a failure of the progressive movement, and i think that will now change with progressives. they must realize they have to make this an election issue. all of the polls show that the public is widely in favor of sensible gun regulations. i will point out what i said on friday. president clinton after columbine when we were meeting in the oval
comes in response to recent outcry in the u.k. that multi national companies are skirting taxes by shifting profits overseas divisions. the managing director of starbucks u.k. says that they have always paid their taxes to the letter of the law. but will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. >> local reservoirs' have seen a much needed increase in water levels since the last weekend storms. reserves and santa clara improve significantly with the right fog, but levels are still not exactly where they need to be. since last wednesday, the santa clara valley water district says that the average stores in their reservoirs' increased from 74 to 91 percent of where they should normally be. east bay mud says all there reservoirs' are now at 85 percent capacity. as far as water supply--they are in good shape. to many more storms, they will have to release some water into creeks to maintain the levels. >> this is a live look from the roof cam and there is a beautiful start to the morning. we are just dealing with cloudy condi
over to the delta brand. this is all about increasing its exposure into the uk market, specifically the slots at heathrow. those remain the crown jewel in terms of the airline business going over to europe. if you have access to those slots, it's a much easier way to become profitable or increase your profits over in europe. by the way, there are 31 daily flights between the uk and north america. we'll find out exactly what happens in terms of frequent flier redemption possibilities between delta and virgin atlantic. remember, virgin atlantic is not part of any global alliance, not part of the sky team alliance, although many wonder if that's going to change with some time. take a look at shares of delta. richard anderson has had a nice little move here. some people would say, listen, this is all about jet fuel as it has moderated. there's something else at play here. we'll be talking with richard anderson about this at 11:40, first on cnbc. we'll talk to him after the press conference announcing this deal. you don't want to miss what he has to say. this is a ceo, and we've talked a
as risky. investment is flying in to u.k. instead of flying from it. we have to keep it that way. two years ago britain in was the danger zone. we are seen as one of the safe haven able to borrow must be and lower interest rates than any time in the history. and today's forecast shows a 33 billion pound saving on the dote interest payment. it was predicted we would have to pay two years ago. that is as much as the entire defense budget, which is why in this statement we show the coalition government is confronting countries problems instead of ducking them. today we reaffirm our commitment to reducing the deficit, send ought the details of the spending plan to 2015, '16 and rolling out the programwork to 2018. we show our determination to do this -- you support a business and enterprise so they can create the jobs we need. and in everything we co, we will show today we are on the side of those who want to work hard and get -- the economic forecast and it is a measure of the constitutional achievement that it is taken for granted that our country's forecast is now produced independently of t
capped. spain requesting financial assistance. we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar index has hit a one month low. you're redollar up to euro-dollar up near the high we saw yesterday. dollar-yen moving away from the 7 1/2 month high. rebounding against the dollar and the euro ir, as well. priced in a lot in terms of monetary policy out of japan. and aussie dollar, 1.0463, yes, we have cut the cash rate in australia to match the record low of 3%. but we see the aussie dollar rise because it's pretty much all priced in. sterling-dollar also getting a benefit. back over 1.61. so that's where we stand in european trade. let's recap the asian trading session for the first time today, when you not the last. >> thank you, ross.not the last. >> thank you, ross. shanghai composite recovered from its four year low as property financials, rebounded. shale gas and geothermal plays also rallied as beijing plans to cut its annual coal consumption target by 2015. the hang seng finished m eed marginally in the green. losses in the services sect
to a recent outcry in the u.k. that multinational companies are skirting taxes by shifting profits to overseas divisions. the managing director of starbucks u.k. says they have always paid taxes to the letter of the law. but will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. : amazon also have been targeted as not paying their fair share in england. >> we will have more on the weather and traffic and more on the sunshine later this afternoon. combat is 5:14. >> reservoir is that as local reservoirs and a much- needed increase in water levels as a last week end storms. >> reservoir is in santa clara and gross unethically with rainfall, the levels are still not exactly where the need to be. >> since last wednesday the santa clara valley water district said average storage in their reservoirs and attend reservoirs' and chrism 74 to 91 percent of where they should be. that is an increase of nearly 4 billion gal. of water. and over in the east bay, what reservoirs' levels increased about 3%. east bay mud says all their reservoirs are now at 85
didn't think that was the way to solve the crisis. when you look at the so-called -- in the uk and now a new report by the european commission to, they propose something that smells like glass-steagall. with a difference. they say let's separate all those activities, use the same language about proprietary activity and trading and all the rest, and they say but let's keep it in same holding company. but we will separate the banking subsidiaries from the investment banking subsidiary, and will put all the trading, more than i would, in this subsidiary, or all these underwriting, although lending come all the prime growth, lending to hedge funds and property funds. let's see cluster them in a separate subsidiary and will have this other security that is for commercial banks. now when i see this i wonder why didn't they take the final step and say no, that's going to be a separate company. because it's very hard -- and say that they are not related and independent. they immediately run into problems. may run into problems. what transaction will exist between the investment bank and retail
.s. ambassador to the u.k. or france. what? my take on that next. stuart: superstorm sandy made landfall in america more than a month ago. some businesses are still seeing the effects. shares of darden restaurants, that's the company that owns red lobster, olive garden, they are down today after the company announced it expects to make less money next year than it originally forecast. the company is blaming superstorm sandy for its lackluster performance. republicans submitted their solution to the fiscal cliff yesterday. white house and other democrats dismissed it immediately. take a look at how that affected the market this morning. not at all. the dow is up 43. 13,000 is where we are. liz macdonald says we will see is a last minute deal, christmas eve, new year's eve, on the fiscal cliff. we shall see. next, a special early my take. i am fired up about the prospect of ambassador anna wintour. i couldn't wait for the normal time. i'm going to do it early. stay right there. and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in tw
week. that would coincide with south korea's presidential elections. the u.k., israeli envoys to the country in protest of the israeli prime minister's plan to build 3,000 settlement homes in the west bank. israel authorized the housing units after the united nations voted to upgrade palestinian status. palestine opposed the move. george hw bush in stable condition after receiving treatment for a bronchitissrelated cost. the 88-year-old has been in the hospital for a week receiving treatment visited by the children, including former president george w. bush. those are your headlines. back to lori and connell. >> thank you. >> sales numbers, general motors up 3% from last year, and others in the green as well thanks to, believe it or not, hurricane sandy. >> jeff flock has the story at the bureau in chicago. hi, jeff. >> indeed. two headlines. sandy one, and the other is fiscal cliff. starting to see the first impacts now in terms of considerations about fiscal cliff on the sales call today with ford keeping production up in the first quarter. they are bullish, increasing produ
potential for gaming in the uk. let's break it down. there is a one-year chart beard all things digital have been reporting they are close to launching games in the uk. plus poker, plus casinos. it sounds like a lot of fun. all things digital continues to take a look at online games and the potential for zynga doing exactly that in the uk. there is is up 3.25% right now. back to you. lori: great. we will see you in a few minutes. the bullet train traveling 186 miles per hour begin regular service. it previously took 20 hours and now it just take eight. in 2009 -- $640 billion is more than 139 u.s. dollars. here is to technology. tracy: eight hours is essentially new york to key west. lori: i would go like every friday. a christmas outage left millions of users without users streaming netflix. shibani joshi with this christmas debacle next. tracy: washington cannot agree on a plan for the fiscal cliff. we go to the nation's capital after break. let's take a look at how the dollar is faring against foreign currencies as we head to break. ♪ with fidelity's new options platform, we've complete
irish fan, so hopefully not. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again, housing or real estate or something or bad banks or -- and now again they're kind of a model for everyone on how to handle it. is that basically the last five years? >> absolutely. certainly was a real estate bubble there. now there are austerity measures being put in place and they're actually following through on the austerity measures. so certainly they'll come out first and actually look pretty good. >> so where is the most business for you for cantor in ireland, what will you be doing? >> certainly it's an equity based firm. we'll bring our fixed income expertise, probably become th
are in place in scandinavia and in germany and the u.k. and reshaped those market forces, and the way we shape those market forces has been the result of the least equality of opportunity contrary to our image of our self. it's really a myth. the countries that have imitated the united states have done like the united states. the u.k. used to be in the middle of the elite table and now we are expecting of the income inequality whereas it struggled and inequality has increased a little bit but it is still the least -- the most the quality of opportunity. .. even canada is, less harsh society than ours and the same environment we are, speak the same language, these are choices and choices about how we run markets. the distribution of marketing, there is a lot you can do, it is choice about what you do after words as well, providing universal health coverage or provide decent support or an educational system that is well funded for everybody, not just people in the right neighborhoods. >> and the tax system is obviously important, not only for inequality opportunity, but also growth. so for insta
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